Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Sunoco Logistics Slightly Disappoints in Tough Finish to 2016; More Exciting Growth Set up for 2017

Sunoco Logistics Partners reported weaker-than-expected fourth-quarter results with adjusted EBITDA of $327 million versus consensus estimates of $340 million. In spite of record annual EBITDA and distributable cash flow in 2016, the Partnership posted weaker operating performance in its Crude Oil and Refined Products segments. Much of this stems from limited “Red Bar” earnings opportunities--generally merchant volumes. Nevertheless, the Partnership continued to grow its contracted (“Blue Bar”) ...
Underlying
Sunoco Logistics Partners LP

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

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